+ All Categories
Home > Documents > Percentage Trading Game Learning Objectives Enhance understanding of percentage change Be able to...

Percentage Trading Game Learning Objectives Enhance understanding of percentage change Be able to...

Date post: 23-Dec-2015
Category:
Upload: ginger-lawson
View: 216 times
Download: 1 times
Share this document with a friend
17
Percentage Trading Game Percentage Trading Game Learning Objectives •Enhance understanding of percentage change •Be able to quickly calculate financial figures involving percentage change •Keep track of and manage simple financial accounts
Transcript

Percentage Trading Game

Percentage Trading Game

Learning Objectives

•Enhance understanding of percentage change

•Be able to quickly calculate financial figures involving percentage change

•Keep track of and manage simple financial accounts

Percentage Trading Game

Instructions:At the start of each round there will be a ‘newsflash’. Your team will need to decide what commodities to invest your $2,000 in

At the end of the round, you will sell all your commodities at the new prices and record how much profit you made that round

At the end of the six rounds, you will work out your overall profit

The winning team is the one that makes the most profit

There will be a fine of $100 for each mathematical mistake a team makes, and any teams that fail to work together will also be fined.

Percentage Trading Game

Current World Market Prices:

Commodity Price

Oil $80

Diamonds $150

Wheat $60

Gold $120

Cocoa $50

Silver $100

Percentage Trading Game

Renewed violence in Sierra Leone scares off international investors

Round 1:

Percentage Trading Game

World Market Price Changes after Round 1:

Commodity Price % Change

Oil $80 +10%

Diamonds $150 +40%

Wheat $60 0

Gold $120 +20%

Cocoa $50 0

Silver $100 0

Percentage Trading Game

New worldwide obesity campaign launched

Round 2:

Percentage Trading Game

World Market Price Changes after Round 2:

Commodity % Change

Oil - 10%

Diamonds 0

Wheat -10%

Gold

Cocoa -40%

Silver 0

Percentage Trading Game

sTORMS DEVASTATE HARVEst across RUSSIA AND EASTERN EUROPE

Round 3:

Percentage Trading Game

World Market Price Changes after Round 3:

Commodity % Change

Oil +15%

Diamonds 0

Wheat +60%

Gold 0

Cocoa 0

Silver 0

Percentage Trading Game

Long-running strikes in south africa reduce the country’s exports

Round 4:

Percentage Trading Game

World Market Price Changes after Round 4:

Commodity % Change

Oil +15%

Diamonds +45%

Wheat 0

Gold +60%

Cocoa 0

Silver +55%

Percentage Trading Game

Fairtrade fortnight boosts Cadbury's revenues

Round 5:

Percentage Trading Game

World Market Price Changes after Round 5:

Commodity % Change

Oil +10%

Diamonds 0

Wheat 0

Gold 0

Cocoa +36%

Silver 0

Percentage Trading Game

MONGOLIA’S ECONOMY MAY GROW BY 25% IF FOREIGN INVESTMENT takes OFF

Round 6:

Percentage Trading Game

World Market Price Changes after Round 6:

Commodity % Change

Oil +15%

Diamonds 0

Wheat 0

Gold +40%

Cocoa 0

Silver +57%

Percentage Trading Game

The End:

Calculate your ‘final profit’ by adding up the total profit you made in each round

Questions to consider:

-When did you make the most profit?-Why was this?-Why is it important to be able to quickly complete percentage calculations?

Percentage Trading Game

For more resources please check out:

www.dizzleeducation.com

@dizzleeducation


Recommended